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President Buhari Meets With NMDPRA, NUPRC CEOs

Channels Television  
Updated November 23, 2021
President Muhammadu Buhari flanked by the Minister of State Petroleum Resources, Chief Timipre Sylva (2nd left), Authority Chief Executive, Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr Farouk Ahmed (2nd right) and Commission Chief Executive, Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe (1st left) during a meeting at the State House. PHOTO; SUNDAY AGHAEZE. NOV 23RD 2021

 

President Muhammadu Buhari is currently meeting with the CEOs of two new agencies: the Nigerian Upstream Regulatory Commission (NURC), Farouk Ahmed and the Nigerian Downstream and Midstream Petroleum Regulatory Authority (NMDPRA), Gbenga Komolafe at the statehouse.

They were led into the meeting with the President by the Minister of State for Petroleum, Timipre Sylva.

Addressing journalists after the meeting, Sylva said the President is aware and concerned about the hike in the price of gas and is promising action to ameliorate the situation.

Read Also: Buhari Promises To Take Action On Gas Price Hike – Petroleum Minister

The minister explained that the government has no control of the prices and rather, it is the international market that primarily determines the price of the commodity.

He, however, assured Nigerians that some elements of the pricing will be adjusted internally to enable a reduction, particularly in view of the Yuletide.